Atlantic Capital Bancshares (NASDAQ:ACBI) Earns Media Sentiment Score of 0.08

News stories about Atlantic Capital Bancshares (NASDAQ:ACBI) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Atlantic Capital Bancshares earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near future.

ACBI has been the topic of a number of recent research reports. Zacks Investment Research cut Atlantic Capital Bancshares from a “hold” rating to a “sell” rating in a research note on Tuesday, May 16th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $20.00 target price on shares of Atlantic Capital Bancshares in a report on Friday, June 2nd. Gabelli initiated coverage on shares of Atlantic Capital Bancshares in a report on Wednesday, June 14th. They set a “buy” rating and a $23.00 target price for the company. Finally, BidaskClub lowered shares of Atlantic Capital Bancshares from a “hold” rating to a “sell” rating in a report on Sunday. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $21.33.

Atlantic Capital Bancshares (ACBI) opened at 18.80 on Tuesday. The company has a market cap of $480.87 million, a P/E ratio of 34.81 and a beta of 0.99. Atlantic Capital Bancshares has a 52 week low of $13.80 and a 52 week high of $20.20. The firm’s 50 day moving average is $18.83 and its 200-day moving average is $18.83.

Atlantic Capital Bancshares (NASDAQ:ACBI) last posted its earnings results on Friday, April 28th. The bank reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.01. Atlantic Capital Bancshares had a net margin of 13.25% and a return on equity of 4.36%. The firm had revenue of $23.11 million for the quarter, compared to analysts’ expectations of $24.21 million. On average, analysts predict that Atlantic Capital Bancshares will post $0.66 earnings per share for the current fiscal year.

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About Atlantic Capital Bancshares

Atlantic Capital Bancshares, Inc is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients.

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